Elon Musk just released the first real pictures of much awaited Tesla Model 3 on Twitter.
The first Model 3 was slated to be finished to cap off the first week of the month, but the early July start is still about two weeks ahead of Tesla’s adjusted schedule. Tesla’s pre-order totals reached over 134,000 in just over 24 hours making it one of the best launch of a product ( beat that apple )
The Model 3 is Tesla’s biggest move yet in its attempt to bring all-electric vehicles to the masses. The entry level sedan is significantly less expensive (and lower within the brand’s hierarchy) than the luxury Model S and Model X vehicles the automaker has released so far, with a starting price at a much more accessible $35,000. Tesla is planning to double its charging network by the end of the year, in part to better serve the influx of Model 3 drivers the automaker hopes will soon fill the roads.
Tesla plans to hand over the first 30 Model 3s to customers at an event on July 28. According to Musk production will ramp up exponentially starting from 100 cars in August, over 1,500 in September, and 20,000 per month by December. Tesla hopes to scale production to ship 500,000 cars annually by next year.